Categories: Bitcoin Latest News

Strike Launches Bitcoin Payment Services in Argentina to Kick-Start Latin American Expansion

Bitcoin’s Lightning Network-powered app Strike has launched its services in Argentina.

The company said Tuesday that Argentines will be able to make bitcoin remittance payments, receive bitcoin tips on Twitter and use Strike’s peer-to-peer transaction services.

?? Welcome, Argentina! ??

Today, we launch a superior financial experience to a country that faces hyperinflation, predatory payment networks, and unusable cross-border transfers

Today, we use the world’s open monetary network, #Bitcoin, to give hope to the people of Argentina pic.twitter.com/Z2RYLxmKSL

— Jack Mallers (@jackmallers) January 11, 2022Argentina is the first step in a 2022 Latin American expansion that will include Brazil, Colombia and “other Latin American markets,” the company added in a statement. The company launched its payment app in El Salvador last March.Strike is currently working with merchants, consumers and individuals in Argentina, according to the statement. So far, the company has launched initial integrations and activations in the southern city of San Martin de los Andes, located in Patagonia.The company quadrupled its Latin American team for its Argentina start and plans to continue hiring in the region.”Argentina is one of the most exciting countries for building the Bitcoin economy, leveraging Bitcoin as both a superior asset and a superior payments network,” Strike founder and CEO Jack Mallers said in the statement.Read MoreFeedzy

Bitcoin’s Lightning Network-powered app Strike has launched its services in Argentina.

The company said Tuesday that Argentines will be able to make bitcoin remittance payments, receive bitcoin tips on Twitter and use Strike’s peer-to-peer transaction services.

Argentina is the first step in a 2022 Latin American expansion that will include Brazil, Colombia and “other Latin American markets,” the company added in a statement. The company launched its payment app in El Salvador last March.

Strike is currently working with merchants, consumers and individuals in Argentina, according to the statement. So far, the company has launched initial integrations and activations in the southern city of San Martin de los Andes, located in Patagonia.

The company quadrupled its Latin American team for its Argentina start and plans to continue hiring in the region.

“Argentina is one of the most exciting countries for building the Bitcoin economy, leveraging Bitcoin as both a superior asset and a superior payments network,” Strike founder and CEO Jack Mallers said in the statement.

DISCLOSURE

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

Trending

1
Jan 11, 2022
2
Jan 11, 2022
3
Jan 11, 2022
4
Jan 11, 2022

Recent Posts

Bitcoin Price at $100K+: Consolidation or Calm Before the Next Move?

Bitcoin price settled above the $100,500 resistance zone. BTC is consolidating gains and might aim…

2 hours ago

Bitcoin Price Likely To Fluctuate Between $100,000 And $110,000 Until FOMC Meeting, Says Analyst

After a flash crash to $89,256 earlier this month, Bitcoin (BTC) made a swift recovery,…

6 hours ago

Trump Signs Executive Order to Explore a U.S. Strategic Bitcoin Reserve

President Donald Trump has signed a Executive Order titled “Strengthening American Leadership in Digital Financial…

7 hours ago

Bitcoin Liquidity Blocks Tell A Story: Here’s Why $96,000-$111,000 Is Most Important

Although Bitcoin price action is still holding above the $100,000 price level, the past 24…

9 hours ago

Bitcoin Trade Volume Wednesday Was One of the Largest Ever

Bitcoin continues to trade at record levels. According to checkonchain data, Wednesday's $130 billion bitcoin…

11 hours ago

Bitcoin Rises to $106K as Trump Slated to Call Bukele, El Salvador’s Crypto-Friendly President

Bitcoin (BTC) surged past $106,000 on Thursday morning in the U.S. on reports that U.S.…

12 hours ago